Strong HUF is a Danger to Hotel Companies
Besides the high food and energy prices also the strong national money can decreased the profit of Hungarian hotel companies.
According to specialists a 10% increase
at rate effects HUF 10 billion revenue and profit decrease, and it
prejudices the developing of the sector. Leaders of the hotel
companies said, the government has to help the turism, for example
with VAT decrease, to keep the sector's competitive power.
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